If Those Involved in a Change Process Develop Feelings of Anxiety

question 23

Multiple Choice

If those involved in a change process develop feelings of anxiety and frustration, the cause is likely to be:

• A) the change initiative not having any serious evaluation of its results.
• B) the lack of any genuine attempts to improve upon the change.
• C) the lack of a clear shared vision.
• D) insufficient resources being allocated to implement the change.
• E) the change not being reinforced and rewarded.

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Definitions:

Unsecured Creditors

Lenders or creditors who have extended loans without any collateral. If the borrower defaults, these creditors have no claim to any assets of the borrower.

Short-Term Funds

Short-Term Funds are investment vehicles that invest in securities with short maturity periods, usually less than one year, providing liquidity and income.

Trade Credit

A type of commercial financing in which a buyer is allowed to purchase goods or services and pay the supplier at a later scheduled date.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations to finance their immediate cash flow needs.